IT stocks crash (AI image) Globally technology sector stocks are leading stock market rallies. In India, the picture is the opposite. The Nifty IT index has dropped around 23% since the start of the year, sharply underperforming the broader market decline of around 10%. In fact, IT has been the worst-performing major sector in the…
This week begins on a cheerful note, like the first rain after a dry spell. You’ll feel happiness and a clean kind of joy, and good news from children or younger relatives can make the whole home brighter. Your approach turns wise and sincere, and people respond well to it. Work moves smoothly when you…
Bhubaneswar: Odisha State Archaeology signed non-financial memoranda of understanding (MoUs) with IIT-Kharagpur and School of Planning and Architecture (SPA), Bhopal, on Friday for conservation of the state’s rich heritage and architectural legacy.The collaboration aims to strengthen the conservation, documentation and development of Odisha’s historical monuments, temples, heritage structures and archaeological sites through the integration of…
MUMBAI: RBI stepped up dollar sales in FY26 to manage exchange rate volatility. The central bank recorded a total net sale of $53.1 billion over the course of the fiscal year an increase of $12 billion compared to net sales of $41.1 billion in FY25. Despite temporary periods of dollar accumulation, the central bank maintained…
The week opens with a bright, friendly wind at your back. Early on, you’ll hear something pleasing from your children or a younger family member, and it lifts your mood instantly. Small wins feel bigger than they look on paper. You’ll also notice your confidence rising in practical matters, like handling errands smoothly, sorting a…
Bhubaneswar: Odisha govt has prohibited strikes in power sector establishments across the state under the Odisha Essential Services (Maintenance) Act, 1988, to ensure uninterrupted generation, transmission and distribution of electricity, said an official statement from the energy department on Friday.This step was taken by govt in view of the summer and severe heatwave in different…
The Iran war is affecting money flows from overseas Indians, with NRIs withdrawing nearly $2 billion more than they deposited in Indian bank accounts in March, according to Reserve Bank of India (RBI) data. The total value of NRI deposits with Indian banks fell to $165.65 billion at the end of March from $167.58 billion…
A wish you’ve been carrying quietly can finally come true today. Jupiter’s support opens doors, and the Moon brings good timing, so you’ll feel like life is cooperating for once.Money flows better too. You might receive a pending amount, an incentive, or even a helpful family contribution. The day also brings social respect. Someone may…
Bhubaneswar: Cuttack, Bargarh and Jajpur districts are likely to get new handloom hubs soon.A high-level meeting, chaired by works secretary Sanjay Kumar Singh here on Friday, discussed the establishment of AI- and blockchain-supported handloom hubs at Abhimanpur in Cuttack district and Gopalpur in Jajpur. Similarly, discussions were held on a proposal to establish a handloom…
NEW DELHI: Gross foreign direct investment (FDI) grew 16.7%, its fastest pace of expansion in six years, to a record $94.5 billion in 2025-26, helping reverse the four-year falling trend of net FDI.Net FDI was estimated at $7.7 billion during the last financial year, compared with under $1 billion in the previous year. After excluding…
